3 Bedroom House for sale in Savoy Estate

Located in the secure, boomed-off suburb of Savoy Estate, this multi-dwelling property presents an exceptional income-generating investment opportunity in a prime location. The Property comprises a three-bedroom main house with an attached one–bedroom flatlet, a separate two-bedroom cottage, a stand-alone guest room, and a home office with its own private entrance that can easily be converted into an additional flatlet or used as a professional workplace. In addition, the property includes staff quarters with two bedrooms and a bathroom, further enhancing operational flexibility for long -term rentals, short-term accommodation, or on-site management. This configuration allows for multiple rental models, including: - Long-term residential rentals - Short-term or Airbnb-style accommodation - Corporate housing for professionals working in Sandton, Rosebank, and Melrose Arch - Work-from-home professionals or small business tenants using the private office space. The secure setting, central locations, and independent living units make this property ideally suited for high-yield, diversified rental income. reducing vacancy risk by spreading returns across several units rather than relying on a single tenant. Whether positioned as a multi-let residential investment, a hybrid live-and-earn property, or a corporate and short-stay rental portfolio, this property offers strong income potential. ESTIMATED MONTHLY RENTAL INCOME BY UNIT : Main house – 3 Bedrooms, 2 Bathrooms Approximately: R18 000 - Family or corporate lease - Higher end achievable if modern finishes, parking, and garden privacy ATTACHED FLATLET – 1 Bedroom Approximately R6 500.00 - Very strong demand from single professionals - Private access pushes this towards the upper range SEPARATE COTTAGE – 2 Bedrooms Approximately: R10 000 - Excellent standalone rental appeal - Ideal for young families or professional sharers STAND – ALONE GUEST ROOM Approximately R4000.00 or R1000.00 per night (short stay) HOME OFFICE /CONVERTIBLE TO FLATLET As office: approximately R6000.00 Converted to flatlet approximately R7500.00 STAFF QUARTERS – 2 Bedrooms Approximately R5000.00 Can be rented as shared accommodation or retained for on-suite staff